Is the NASDAQ 100 Forming a Penultimate High? (Elliott wave forecast)
We've been watching the e-mini NASDAQ 100 futures (NQ) price as it forms what might be a completed structure up from the first week...
Crude Oil Futures Bullish Reversal Higher Targeting $70
I am bullish on Crude oil futures for a trade here, following this week's reversal higher.
The price of crude oil futures held above the...
Are Rising Commodities Causing Investors to Worry About Inflation?
This week, three of the major stock market indices (represented here as ETFs), including the Nasdaq 100 (QQQ), Dow Jones Industrials (DIA), and the...
Stock Market Outlook Clouded By Earnings and Federal Reserve Meeting
The S&P 500 Index finished flat Tuesday (-0.02%) and appeared to be in a holding pattern awaiting further information from the Federal Reserve (FOMC...
Nasdaq 100 (QQQ) Short-Term Trading Outlook
Is the Nasdaq 100 losing steam after reaching marginal new highs?
Or does it have one last move "trading" higher before a stronger pullback?
Today's chart...
$XOP Oil and Exploration ETF Triggers Breakout Buy Trading Signal
The Oil and Gas Exploration ETF (XOP) is back on our buy list after turning up from MOB band price support.
This comes right on...
Stock Market Braces For Earnings; Underlying Breadth Remains Strong
The stock market staged a comeback last week and bullish investors hope that momentum carries over into this week.
With several large-cap companies set to...
Depressed Cannabis Stocks Ready To Move Higher
Cannabis is an industry that we are watching closely right now. It was a key theme from our weekly webinar, though it's admittedly one...
Are U.S. Stock Indices Poised for Powerful Move Higher Monday?
The Russell 2000 (IWM), Nasdaq 100 (QQQ), Dow Jones (DIA) and the S&P 500 (SPY) all have the potential to make large moves Monday,...
Are European Banks Flashing Caution To Global Bull Market?
Banks and financial stocks are at the heart of every economy and play an important role in bull markets.
While they may stumble or lag...